Oil prices climb as lifting of Chinese Covid lockdown boosts demand outlook Oil prices climbed on Monday as the Chinese megacity of Chengdu exits a two-week...
US President Joe Biden announces that the United States will be releasing a record amount of oil from the US strategic oil reserves to help bring...
Japan travel stocks jump on reports of dropping group travel rule U.S. to broaden curbs on chip and tool exports to China, Reuters reports The U.S....
Stocks rallied on Friday to help all three major averages snap three-week losing streaks. The Dow finished up 2.8% on the holiday-shortened week, while the S...
Oil and gas stocks are expected to get a boost after Russia cut off gas to Europe, and one strategist says there’s “absolutely opportunities” in the...
OPEC+ agreed to cut production targets by about 100,000 barrels per day from October. Source: CNBC
OPEC+’s decision to implement a small production output cut is more of a political statement and symbolic message sent by the alliance, analysts said. On Monday,...
Inflation in New Zealand may have peaked, but rates need to rise higher: ANZ New Zealand’s inflation has peaked at 7.3%, reached in the second quarter...
A bus driver fills up at a gas station in Brooklyn on August 11, 2022 in New York City. Spencer Platt | Getty Images Labor Day...
The OPEC logo on a sign at the group’s headquarters in Vienna, Austria. Bloomberg | Bloomberg | Getty Images A group of some of the world’s...